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Alkhorayef Water and Power Technologies Co. Announces Contract Award with Ministry of Environment Water & Agriculture

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Introduction Alkhorayef Water and Power Technologies Co. Announces the awarding of contract of operation and maintenance of water networks in Al-Baha region by Ministry of Environment Water & Agriculture.
Date of the Award 2021-09-28 Corresponding to 1443-02-21
Contract Value 45,648,141.29 SAR
Contract Details Alkhorayef Water and Power Technologies Co. will perform the works related to the operation and maintenance of water networks in Al-Baha region for 36 months.
Related Parties No related parties
Additional Information Financial impact as a result of the blanket purchase orders is expected to take place during 4th quarter of year 2021.

The company will announce any future developments in this regard at the time, especially after receiving the final version of the agreement contract signed by all parties concerned.

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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